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Wyloo extends offer period of Mincor takeover

  • Thursday, May 4, 2023
  • Source:ferro-alloys.com

  • Keywords:nickel, ore, steel
[Fellow]Mining exploration company Wyloo Metals has extended the offer period for its on-market takeover bid for all of nickel producer Mincor Resources' shares.
[Ferro-Alloys.com] 

  • The 19th China Ferro-alloys International Conference, co-hosted by China Chamber of Commerce of Metals Minerals & Chemicals Importers & Exporters (CCCMC) & Ferro-Alloys.com ，Supported by China Ferroalloys Industrial Association, will be held on 31 May to 2 June 2023 in Beijing, China.

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  • Wyloo extends offer period of Mincor takeover

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    Mining exploration company Wyloo Metals has extended the offer period for its on-market takeover bid for all of nickel producer Mincor Resources' shares.
    Wyloo's offer period to close trading on the Australian Securities Exchange has been extended to May 22, unless the offer is further extended or withdrawn altogether.
    Wyloo's takeover offer to Mincor is worth $760 million, with a price of $1.40 per share. Wyloo have maintained this offer is best and final and cannot be increased unless a superior proposal is received.
    Wyloo proceeded with its plan to buy all Mincor's shares and as of May 2, Wyloo holds 61.64 per cent of Mincor's shares.
     
  • [Editor:邢亞敏]

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